Unfortunately, most people think that when the fed reduced the interest rate by a quarter percent, they were in good shape. Really? Within minutes of the rate reduction, the price of oil went up $4, and the dollar sank like a lead sinker. Make sense? Maybe not to the sheeple, but consider the economic facts. […]
Since my main point of this is the decaying dollar and spending beyond the means of the boobs in D.C., we must also include another prime reason for the dollar’s debasement and huge national debt. If you read books, you should read “The Creature From Jekyll Island.” This book tells the entire history of the […]
Here goes another reason why America is going down the tubes. How about the word “help?” Take schools, as a glaring example. The Dept. of Education educates no one, but it seems to me that since it’s inception, schools have gotten even worse, if that’s possible. Stop and think about the public schools for a […]
Even though American lifestyle has reverted back to the early 1960’s or late 1950’s, because of the degraded dollar (The buck has lost a third of its value in the last five years), there are still those who live as we lived 100 years ago, or as we might live 50 years from now, if […]
I think the word ’gradualism’ maybe the correct one. In previous columns I have shown how the dollar has been degraded endlessly by various welfare programs, increased bureaucracy, wars, handouts, Medicare, Social Security, earmarks, and endless spending. It has happened because politicians have been unable to get re-elected without continual promises of largess from the […]
I don’t really know where this series will stop, because there is so much gobbledygook emanating from the bowels of Washington D.C. and its environs which have become headquarters of the federal government as it has expanded hundreds of percentages from the time of FDR. As a classic example of a federal agency, formed in […]
In the previous piece, I mentioned that discount selling and bare bones discount stores began in the 1960’s, which they did. Target, K Mart and Wal Mart all got their start in 1962, although Sam Walton, had got started a couple of years earlier in Rogers Arkansas. Sam used to advertise that everything in his […]
As the presses rolled and the dollar supply increased, those in charge of the Treasury, Federal Reserve, and in general those politicians who knew, but didn’t want to admit it, refused to confess that inflation is, as the dictionary says it is, “an increase in the money supply.” Inflation continued, and prices rose slowly but […]
World War Two Will remain in my mind a long time, after viewing Ken Burn’s “WAR” on PBS! But after that war, which Truman ended by bombing the smithereens out of the Japs with the world’s first atomic bombs, things got a lot better. Before we go any further, let me point out that even […]
World War Two was tragic. In watching Ken Burns’ nine part series “War,” one can’t help bringing back all the old feelings of hatred of the Japanese torture, beheading, and starving of their prisoners. As one watches helpless B-17s plummet to earth after having been shot down by German fighter planes, it’s just so numbing […]
